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Supreme Court Upholds Validity of Section 17(2)(viii) of Income Tax Act and Rule 3(7)(i) of Income Tax Rules in Bank Employee Loan Perquisite Case. Delegation of Power to Prescribe Fringe Benefits Held Not Excessive and Use of SBI Prime Lending Rate as Benchmark Upheld as Non-Arbitrary.

The Supreme Court, in a common judgment, dismissed appeals filed by staff unions and officers' associations of various banks challenging the constitut...

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Supreme Court Allows Appeals in Specific Performance Case — Agreement to Sell Void Under Section 61 of Karnataka Land Reforms Act, 1961. Agreement executed during non-alienation period is void ab initio and not enforceable even after the restriction period ends.

The Supreme Court allowed the appeals filed by the defendants (appellants) against the judgment of the Karnataka High Court which had upheld the decre...

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High Court Sets Aside Arbitral Award in Partnership Dispute Between Parties Arbitration Petition Allowed Under Section 34 of Arbitration and Conciliation Act, 1996 Due to Procedural Irregularities

The High Court allowed an arbitration petition challenging an arbitral award in a partnership dispute -- The Court found that the arbitral tribunal co...

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Supreme Court Hears Appeal Against High Court's Quashing of ICADR Arbitral Orders in Private Road Concession Dispute. Core issue involves whether arbitration under the Arbitration and Conciliation Act, 1996 and ICADR Rules can be overridden by the Madhya Pradesh Madhyastham Adhikaran Adhiniyam, 1983.

The Supreme Court heard a civil appeal arising out of Special Leave Petition No. 13415 of 2025, challenging the High Court of Madhya Pradesh's judgmen...

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High Court of Karnataka Allows Appeal in Succession Act Case — Order Granting Succession Certificate Set Aside for Lack of Notice to All Heirs. Failure to Issue Notice to Appellant Under Section 384 of Indian Succession Act, 1925 Violates Principles of Natural Justice.

The appellant, T. Nagendra Setty, filed an appeal under Section 384 of the Indian Succession Act, 1925, challenging the order dated 30.08.2023 passed ...

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Supreme Court Disposes of Appeals by Authority for Advance Rulings Against High Court Judgment Quashing AAR's Rejection of Treaty Benefits. Questions Raised on Taxation of Capital Gains Under India-Mauritius DTAA and Scope of Section 245R(2) Proviso (iii) of Income Tax Act, 1961.

The disputes arose from applications for advance ruling filed by three Mauritius-incorporated companies—Tiger Global International II Holdings, Tige...

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Karnataka High Court Upholds Compensation Determination Under Indian Telegraph Act for Land Diminution Due to Transmission Tower Erection. District Court's Award of Compensation for Diminution in Land Value Upheld in Revision Petitions Under Section 115 of CPC.

The matter arose from a batch of miscellaneous petitions filed by landowners under Section 16(3) of the Indian Telegraph Act, 1885, seeking compensati...